Funding you earn now, next payment 02:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: Nado against SunX−0.069%48s7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2032.028% of the position
Funding, last 3 days (all we have)+0.012%+$1 on $10k
+Price spread, last 3 days (all we have)+0.048%+$5 · spread now −0.069%, 7d avg −0.042%
=Together, before fees+0.060%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.027% cheaper against SunX than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of −0.042%). If the spread goes back, that is −$3 on $10k: about 2.2 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.012% in total) that is about 7.2 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX EURUSD-USDT | 1.1477 | 0 | get 0.0000% / 1h | 34m 36s | — | $2.5M | 10x |
| Short | Nado EURUSD-PERP | 1.1469 | 0.0041 | get 0.0005% / 1h | 34m 36s | $466K | $156K | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $8.6
- Price spread: −0.069% → −0.042%
- −$2.68
- Slippage, 4 orders
- −$193.44
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Nado: 0.7 bp × 2 orders
- −$1.4
- Net
- −$196.92
- Costs to cover
- 2.028%
- Break-even
- 167.3 days
Slippage from SunX: live order book, 2 min ago; Nado: live order book, 33 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 2 min ago | 80.59 bp | 98.4 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 33 min ago | 1.13 bp | 2.4 bp −$2 | 3.2 bp −$32 | doesn't fit | doesn't fit |
EUR on 18 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EURUSD | −0.0211% | 1h | 1.1468 | −0.075% | $3K | — | 50x | as long as short |
| MEXC EUR_USDT | −0.0174% | 4h | 1.1469 | −0.070% | $6.8M | $139K | 100x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1473 | −0.036% | $582K | $280K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1476 | −0.009% | $142K | $4K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1472 | −0.044% | $253K | $21K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1466 | −0.096% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDTlong | 0.0000% | 1h | 1.1477 | long leg | — | $2.5M | 10x | |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1472 | −0.044% | $13K | $257K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1466 | −0.096% | $6.7M | $1.3M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1470 | −0.058% | $9K | $78K | 101x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado EURUSD-PERPshort | +0.0041% | 1h | 1.1469 | −0.069% | $466K | $156K | 40x | |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1498 | +0.183% | — | $264K | 100x | as long as short |
| Lighter EURUSD | +0.0080% | 1h | 1.1479 | +0.017% | $2.1M | $441K | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0080% | 1h | 1.1470 | −0.065% | $173K | $8.3M | 30x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1466 | −0.092% | $190K | $61K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1476 | −0.006% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0232% | 1h | 1.1477 | 0.000% | $33K | — | 50x | as long as short |
| tradeXYZ xyz:EUR | +0.0236% | 1h | 1.1477 | 0.000% | $23.3M | $1.9M | 50x | as long as short |
SunX EURUSD-USDT
Kraken Futures PF_EURUSD
MEXC EUR_USDT
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
HTX EURUSD-USDT
Extended EUR-USD
Injective EURUSD/USDC PERP
Lighter EURUSD
Pacifica EURUSD
tradeXYZ xyz:EUR